Introduction: Resolvability Will Determine the Future of Banking

Thomas F. Huertas

A chapter in Safe to Fail, 2014, pp 1-3 from Palgrave Macmillan

Abstract: Abstract The future of banking depends on whether or not banks become resolvable, that is, whether they can fail in an orderly manner at no cost to the taxpayer and without significant disruption to financial markets or the economy at large. In other words, can banks become safe to fail?

Keywords: Financial Market; Bank Failure; Market Discipline; Orderly Manner; Sound Condition (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-38365-5_1

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DOI: 10.1057/9781137383655_1

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